In 2002, the IRS issued guidance on captive insurance. The three new revenue rulings and a revenue procedure address deductibility of premiums paid to a wholly owned insurance subsidiary. The second revenue ruling can be found HERE.
In 2002, the IRS issued guidance on captive insurance. The three new revenue rulings and a revenue procedure address deductibility of premiums paid to a wholly owned insurance subsidiary. The first...
In a press release dated March 25, 2020, the IRS joined other federal agencies in responding to the Coronavirus pandemic. In something that the IRS is calling the “People First Initiative”, the IRS...
On December 29, 2016, the Internal Revenue Service (IRS) released Notice 2017-08, which extends the deadline for filing Form 8886 and Form 8918 in connection with “micro-captive transactions” to May...
![IRS Revenue Ruling 2002-90 [Compliance Update]](https://rmcgp.com/hubfs/Imported_Blog_Media/blue-globe-4.png)
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